48 Melford Road

    48, MELFORD ROAD, STOWMARKET, STOWMARKET, IP14 2PP

    This terraced freehold property on Melford Road last sold in August 2004 for £119,500. Based on price growth in the IP14 district since then, its estimated current value is £224,616 — placing it in the 31st percentile nationally and the 23rd percentile within IP14. The property covers 63 m² (678 sq ft), giving an estimated value of £3,565 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £119,500

    Aug 2004

    Estimated Valuation

    £224,616

    Est. £/sq ft

    £331/sq ft

    £3,565/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area678 sq ft (63 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Aug 2004

    £119,500

    22 Sept 2003

    £102,000

    26 May 1999

    £54,000

    Key Metrics

    Estimated valuation£224,616
    Value per sq ft / m²£331/sq ft (£3,565/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP14 district percentile23rd percentile
    National percentile31st percentile

    District Context — IP14

    IP14 covers the Gipping Valley area in mid-Suffolk, including Needham Market and surrounding villages, sitting roughly midway between Norwich and the Essex border. It is a predominantly rural and semi-rural district with a mix of village communities, appealing to those seeking quieter living with reasonable access to larger towns.

    Average Property Price - IP14

    £310,712

    45

    National percentile

    Average Net Household Income - IP14

    £41,994

    66

    National percentile

    10-Year Annualised Price Growth - IP14

    3.0%

    30

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP14

    More properties in IP14

    Streets in IP14

    Explore nearby